House Prices

House Prices & Home Values Ivanhoe, MN 2026


Average Data

average house price$156,494
average size per house1410 ft²
average price per ft²112 $ / ft²

05/03/2026 - The value range (VR) for house prices in Ivanhoe, MN is $108/ sqft to $108/ sqft. An average home with 1410 sqft costs approximately $152,280 to $152,280. Ivanhoe, MN includes 1 ZIP codes and it is located in Lincoln county. The lowest prices are found in ZIP 56142, while the highest are in ZIP 56142. The average price per sqare feet is $112. Our analysis is based on 16 property listings.

Avergage prices by ZIP codes Ivanhoe

56142118 $ / ft²




Historical development of home values in Ivanhoe

Year Estimated value (USD) Change vs. 2025
2010 $72,679 -53.6%
2011 $69,868 -55.4%
2012 $69,680 -55.5%
2013 $72,285 -53.8%
2014 $75,879 -51.5%
2015 $79,773 -49.0%
2016 $83,936 -46.4%
2017 $88,467 -43.5%
2018 $93,358 -40.3%
2019 $97,686 -37.6%
2020 $102,736 -34.4%
2021 $116,852 -25.3%
2022 $136,223 -13.0%
2023 $143,653 -8.2%
2024 $151,964 -2.9%
2025 $156,494 0.0%

Graph: estimated home values in Ivanhoe over time (USD)



Example: 100% financing house in Ivanhoe

Loan amount: $156,494

Interest rate: 6.00%

Fixed monthly payment: $938.26

Breakdown in the 1st month:
Interest portion: $782.47  –  Principal portion: $155.79

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,337.36 $1,921.76 $154,572.24
2 $9,218.83 $2,040.29 $152,531.94
3 $9,092.99 $2,166.14 $150,365.80
4 $8,959.39 $2,299.74 $148,066.07
5 $8,817.55 $2,441.58 $145,624.49
6 $8,666.95 $2,592.17 $143,032.31
7 $8,507.08 $2,752.05 $140,280.26
8 $8,337.33 $2,921.79 $137,358.47
9 $8,157.12 $3,102.00 $134,256.47
10 $7,965.80 $3,293.33 $130,963.14
11 $7,762.67 $3,496.45 $127,466.69
12 $7,547.02 $3,712.11 $123,754.58
13 $7,318.07 $3,941.06 $119,813.52
14 $7,074.99 $4,184.14 $115,629.38
15 $6,816.92 $4,442.20 $111,187.18
16 $6,542.94 $4,716.19 $106,470.99
17 $6,252.05 $5,007.07 $101,463.91
18 $5,943.23 $5,315.90 $96,148.01
19 $5,615.35 $5,643.77 $90,504.24
20 $5,267.26 $5,991.87 $84,512.37
21 $4,897.69 $6,361.43 $78,150.94
22 $4,505.33 $6,753.79 $71,397.15
23 $4,088.77 $7,170.35 $64,226.79
24 $3,646.52 $7,612.60 $56,614.19
25 $3,176.99 $8,082.13 $48,532.06
26 $2,678.51 $8,580.62 $39,951.43
27 $2,149.27 $9,109.86 $30,841.58
28 $1,587.40 $9,671.73 $21,169.85
29 $990.86 $10,268.26 $10,901.59
30 $357.54 $10,901.59 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Ivanhoe, MN


1500 sqft3900 sqft
Ø selling price$203,281$432,433
Ø fast selling$184,801$389,189
Ø high price sale$221,761$475,676

In 2026, houses in Ivanhoe, MN will be offered at an average price of $112 per square foot. A 1,500 sqft home priced at $203,281 is 25.12% more expensive per square foot than a 3,900 sqft home priced at $432,433. Home prices in Ivanhoe, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $299,376. Sellers who can wait longer may achieve a higher price of up to $365,905.


Ivanhoe, MN Travel and Living Guide

Discover Ivanhoe, MN, a welcoming small town and the Lincoln County seat in southwestern Minnesota.

History & Landmarks

Founded on the prairie, Ivanhoe grew with agriculture and rail-era commerce, preserving a classic Main Street feel. Its historic Lincoln County Courthouse anchors downtown and showcases the community?s civic pride.

Downtown & Culture

Visitors will find friendly locally owned shops, cafes, and essential services right in the heart of Ivanhoe, Minnesota.
The town celebrates its Polish heritage with annual festivals and family events that bring neighbors together.

Outdoors & Recreation

Outdoor enthusiasts can explore nearby lakes, prairie wildlife areas, and regional parks for fishing, hiking, and birding. Scenic drives along U.S. Highway 75 connect Ivanhoe to Lake Benton and other attractions across Lincoln County.

Economy & Community

Farming, ag services, and small businesses fuel the local economy, with opportunities for entrepreneurs and remote workers. Residents benefit from regional healthcare, community education options, and active churches, clubs, and volunteer groups.

Plan Your Visit

Whether you are planning a weekend visit or considering a move, Ivanhoe, MN offers small-town charm, affordable living, and wide-open prairie skies.



FAQ – Home Values in Ivanhoe

What is the median home value in Ivanhoe in 2026?

In 2026, the typical home value in Ivanhoe is about $156,494 for an average home size of 1410 square feet. This corresponds to an average price of roughly $112 per square foot.

What is the average cost per square foot in Ivanhoe?

In 2026, homes in Ivanhoe sell for an average of around $112 per square foot, with a typical range between $108 and $108 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Ivanhoe is about 1410 square feet, with an estimated 2026 value around $156,494.



Locations close to Ivanhoe, MN

Jackson, MN105 $ / ft²
Jasper, MN113 $ / ft²
Jeffers, MN144 $ / ft²
Iona, MN107 $ / ft²
Ihlen, MN94 $ / ft²
Holland, MN147 $ / ft²




  imprint  Privacy